Donald Trump victory good for engineering exports: EEPC

Engineering Export Promotion Council of India (EEPC) today said it sees great promise in infrastructure focus by US President-elect Donald Trump in the world's largest economy as reflected in his election campaign.

Engineering Export Promotion Council of India (EEPC) today said it sees great promise in infrastructure focus by US President-elect Donald Trump in the world’s largest economy as reflected in his election campaign. (AP)

Engineering Export Promotion Council of India (EEPC) today said it sees great promise in infrastructure focus by US President-elect Donald Trump in the world’s largest economy as reflected in his election campaign. Congratulating Trump on his historic victory in the Presidential elections, EEPC India Chairman T S Bhasin said America is among the largest trading partners for India and engineering exporters would like to lap up the opportunities promised in new investment in building the US infrastructure.

“Trump has stated clearly his focus would be to spend huge funds on building the US infrastructure like highways, airports etc. That would generate great demand for engineering exports in areas like steel, machinery and high technology domains.

“The Indian industry would certainly look forward to be a partner in that great endeavour of the next US President,” the Chairman of apex engineering organisation said.

The engineering exports to the US had been slowing, but that was in sync with the rest of the globe, Bhasin said, adding, with the new administration, “We expect a great recovery in the US economy, which is a great news for India.”